Ann: Appointment CFO/Company Secretary for SBR, page-22

they nearly lost namin=bia last time they renewed it because of the lack of expenditure there. if i recall correctly when they renewed last time there was a requisite to spend a certain amount to keep the lease current. As that lease now indocates pending not to be renewed IMO it could mean that sufficient monies not spent there since the last renewal thus the authorities there questioning the right to renew it. Guess that why management had a cursory look at it last 12 months to be able to show some spending made on it. They did previously have a larger leased area but gave some of it up.
anyhow awaiting updated sherlock feasibility with much anticipation!.
as for the gold ground will be summer soon so i guess they wont be able to drill due to heat and conditions as per the past. hopefully they do something positive soon for all our sakes!.